Microsoft sells on 650 AOL patents

Microsoft, which has just bought patents from AOL for a billion US dollars (€750m), is now selling most of them to Facebook for $550m (€416m).

Microsoft sells on 650 AOL patents
Mon, 23 Apr, 2012 - 20:17

Microsoft, which has just bought patents from AOL for a billion US dollars (€750m), is now selling most of them to Facebook for $550m (€416m).

Facebook is buying about 650 of the 925 AOL patents and patent applications that Microsoft bought, Microsoft and Facebook said today.

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<p>Cork-founded information and communication technologies company PFH Technology has posted turnover of €178.5m, up 18% on the previous year, with operating profits increasing to €19.8m.</p>

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